Surviving the Grocery Store During Increased Food Prices

grocery store

Are you like the MFF staff and are stunned by the dramatic increase in your grocery bill? Are you thinking twice about buying certain items to fill your cart or basket as you walk through the grocery store? For a variety of reasons – supply chain issues, bad weather, and plain old inflation – we […]

The Cost of Forgetfulness: Rebates and Trial Offers

forgetfulness

Your forgetfulness is incredibly lucrative for businesses. With so much for us to remember in our daily lives, it is often easy to forget the little things. There are all kinds of examples of this: canceling a service that you are no longer using, sending in that rebate form for a purchase you made, leaving […]

Catching up with Fellow Zach Risseeuw – MFF’s Save Invest Grow Podcast Series

In this episode, we catch up with Pioneer fellow, Zach Risseeuw. Zach originally completed the MFF program during High School and is now in College at George Mason University! Zach is well on his way to financial success with already making investments and has job prospects already lined up. Catching up with Fellow Zach Risseeuw […]

Mitigating Risk with Insurance

Insurance is a way to mitigate risk; it is about securing your life, family, and assets. There are many different types or insurance, and you probably won’t need them all. Some common types of insurance and what they cover are: Auto Insurance Liability Coverage pays for property damage and or injuries to another person caused by […]

Top Investors Start Here

Here are some principal investment terms:  Investment Objectives are usually based upon three factors: risk tolerance, volatility, and return on your investment. Risk Tolerance is the amount of risk or loss an investor is willing to tolerate. It is measured on a continuum that moves from conservative, to moderate, to aggressive.  Volatility is the “up and […]

How Experts Build a Financial Strategy

Financial needs change over time, and as we become more financially stable, we tend to move from one investment strategy to another. We move from protecting to planning and prioritizing, and finish up planning for the future. Defensive Planning is about protecting what you have and what you earn. Most people in this category focus on […]

Why You Need to Pay Yourself First

 “Do not save what is left after spending; instead spend what is left after saving.” ~ Warren Buffett Putting money in savings before you begin to plan for other expenses is called Paying Yourself First. No matter how you save or the amount of money you save, this is one of the most fundamental saving concepts. Saving […]

Are You Prepared For a Financial Emergency?

What constitutes an emergency?  You will have your own definition of an emergency. For some families, a relatively small, unexpected expense, such as a car repair or a modest medical bill, can pose a financial hardship.  A study by the Federal Reserve System in 2019 found that 40% of Americans would struggle to come up with […]

Change Your Financial Situation with These 6 Steps

Best practice is about leveraging what other people have done, and using it to improve your own situation. Below are six ideas to think about when saving: Start Small – Rather than trying to save an unattainable amount each month that will prevent you from meeting your financial obligations, begin with a more manageable amount based […]